Thailand 5-year retirement visa is basically a popular term for non-immigrant O-X long stay visa, which can be for obtained for single entry or multiple entries. Typically, as the name suggests, this long stay visa entitles a holder to stay for at least 5 years in Thailand, which is renewable every 5 years. And for your information, the renewal process can be initiated in Thailand itself.
However, not every country can apply for this visa. It is open only to Switzerland, Australia, Denmark, Netherland, Finland, France, Germany, Italy, Sweden, Japan, the United States, United Kingdom, Canada, and Norway.
Other Qualifications to Apply for the 5-year Retirement Visa in Thailand
- You must be 50 years of age or above;
- Must have a security deposit of 3 million Baht in your Thai Bank Account for at least 12 months before applying;
- Other documents;
- Health Insurance,
- Police Clearance,
- Medical Certificate,
Process in Brief
At first, you must apply for a 90-day non-immigrant visa from the consulate in your home country or the Thai embassy before applying for the retirement visa.
Also, you will have to wait for at least 60 days in Thailand before filing the retirement visa at the Immigration Office. However, the visa extension can be revoked if in case the stipulated amount is not there in the bank account.
Note, a retirement visa holder will need to notify the Immigration Office about their present residential address in every 90 days. And this can be done either by mail or by visiting personally to the immigration office. Also, you may hire someone or have someone asked to work on your behalf simply by giving the individual a Power of Attorney. As for the re-entry permit that must be received after obtaining the 5-year extension of stay.
